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Non-Tech : Let's end the national debt. -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (85)	7/27/1999 11:27:00 PM
From: Tadsamillionaire	Read Replies (2) \| Respond to of 109

Gersh, this is a great thread. I must agree that we are indeed in deep doo.doo! Ross was right, Bill was wrong, George could have done it and now we are using smoke and mirrors to keep the public guessing and the Social Security recipients wondering if what they were told in the 60's would take care of them in their golden years. The only way to stop the spending is to stop giving the congress money to spend and put in a flat tax. REFORM party!!! Steve Forbes. McCain/Feingold. It all needs to get done fast or we are gouing to be looking at a sunset with depression written all over it . JMHO. GREAT THREAD/GREAT topic.

To: Gersh Avery who wrote (85)	7/28/1999 1:40:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 109

Gersh, these figures confuse me as well, and both the Republican and Democrats are saying there is a surplus (even Greenspan is talking about a surplus), so how come the actual count of "treasuries outstanding" increases. I remember reading somewhere (sometime, ago) that the excess in Social security collected (above its outlays) is "invested" in treasuries, is that so and could that be the reason that the "surplus" is not reflected in the debt figures? I do not understand that math either, because if that was the case, the left hand of the government (non S.S. expenditures) would receive from the right hand those funds, and thus not have to borrow. Can someone explain to me where has the surplus money gone? Zeev